Aug 1, 2008

Between Obama and McCain, the economy will decide ... as usual


Between Obama and McCain, the economy will decide ... as usual
The Democratic candidate for the White House, Barack Obama and his Republican rival, John McCain.

"It's economy, stupid!" It's the economy, stupid. When Bill Clinton launched his campaign victory to win the 1992 presidential, one of his advisers - not very respectful but inspired - had included this slogan in huge letters on the wall of his campaign headquarters. And the Democratic candidate had indeed prevailed over George Bush Sr. relying on an ambitious economic programme, while the USA came to know a mini-recession that Bush had rather neglected. The outgoing President was indeed convinced that his victories in the first Gulf War would cause him his re-election in an armchair.

Sixteen years have past, and history could repeat itself. But not in favour of democratic candidate: because he was aware that he might suffer in the final straight of the campaign, his foot-tender policy, a deficit image of "Commander-in-Chief "Facing an opponent who, through his glorious military past, had nothing to prove, Obama has seen fit to use the palm of the summer to go to demonstrate in Iraq - where he was not visited since January 2006 - and Afghanistan, where he had never set foot. And for good measure, he completed his tour by a quasi-presidential meeting of rock-star in Berlin and two diplomatic stops in Paris and London.
The time was not chosen. The week's rescue by the federal state of two huge mortgage lending institutions and the granting of 300 billion dollars to disaster victims of real estate, two measures that can be described as interventionist and who, from d a government ultraliberal, made all the awareness in America of the seriousness of the crisis. With this result: Since the Republicans, even with Bush, are capable of being so close to the concerns of people, why not prefer the candidate who has the most experience with that, very charismatic, but whose voters s'agacer starting to make it more popular abroad than at home. By the way, a poll USA Today-Gallup sums up the issue of Obama: Americans think he would do a better president in relations with the rest of the world, but that McCain would be a chief more reassuring. .. "It's economy, stupid

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